Parker (9845) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 10.2% YoY to ¥38,297 million; operating profit fell 4.4% to ¥3,130 million, ordinary profit fell 9.7% to ¥3,291 million, and net profit fell 7.9% to ¥2,265 million.

• Results were broadly in line with plan; full-year guidance remained unchanged.

Financial highlights

• Revenue increased ¥3,530 million YoY; operating profit declined ¥144 million, ordinary profit declined ¥355 million, and net profit declined ¥194 million.

• Comprehensive income rose to ¥3,977 million from ¥1,726 million YoY, supported by other comprehensive income.

• Gross profit was ¥9,813 million versus ¥9,568 million; SG&A increased to ¥6,683 million from ¥6,294 million.

Outlook and guidance

• FY2027 guidance: revenue ¥74,000 million, operating profit ¥5,800 million, ordinary profit ¥6,200 million, and net profit ¥4,400 million; no revisions to prior forecasts.

• Forecast EPS is ¥175.80; full-year dividend forecast is ¥53 per share, including ¥26.50 at the interim and year-end stages.